Saturday, February 21, 2009
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Lincoln College to institute cost reductions

Furlough days, temporary salary cuts avert layoffs

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[February 21, 2009]  During campus meetings Friday, Lincoln College President John Hutchinson announced that faculty and staff at the two-year college with campuses in Normal and Lincoln will face a mix of furloughed days, health benefit cost-sharing measures and salary cuts through July 1.

Employees working at both the Normal and Lincoln campuses will be affected. Senior administrators also will face a 19 percent salary cutback until July 1.

All faculty, as well as staff earning less than $30,000 annually, won't face furlough days. However, all employees will be asked to take on a greater share of costs through the college's health care plan.

"We don't want anyone to make the assumption that we are in trouble. ... It's that we don't want to find ourselves in a tailspin," said Hutchinson.

The number of furlough days will be based on a staff member's salary, with estimates of a maximum of 16 days by July 1.

"This economy has hit us just like it's hit a lot of colleges and universities, and businesses," Hutchinson said. "These are temporary steps to tighten our belts."

The plan is intended to lower costs without cutting jobs at the campuses or causing any reduction in academic programs.

The plan stated by Hutchinson is threefold and includes expenditure cuts in department budgets,  furloughs or salary cuts for employees, and cost-sharing on health care plans for other employees.

[Information received from Lincoln College;  LDN staff]

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